9603 15th Avenue NE, Seattle, WA 98115

$1,000,000
2,400
SqFt

Listing courtesy of Windermere Real Estate Co.. Selling Office: RE/MAX Northwest Realtors.

Sold Price
$1,000,000
List Price
$1,025,000
Status
SOLD
MLS#
1692263
Closing Date
Mar 30, 2021
Days on Market
86
Style
52 - Duplex
Building Condition
Very Good
Finished SqFt
2,400
Area Total SqFt
2400
Annual Tax Ammount
5947
Lot Size (sq ft)
5,160
Sewer
Sewer Connected

Property Description

Legal Duplex with enclosed yard in Maple Leaf. Units can be conjoined via 3 interior doors for a 2400sqft, 6 bedroom, 4 bath SFH with a large dining room, living room and office. Alternatively, it functions as two townhome style 1200sqft units. Both units feature a FF featuring kitchen, living room, 1 bedroom & full bath, with 2 bedrooms, bath & utility room on the lower level. Each 3 bed unit has original hardwood on the FF, a designated gas furnace and in unit W/D. Recent upgrades include: updated electrical panels, fridges, high quality carpeting w/ pet pad (under warranty) in lower bedrooms & double paned windows in both units, Unit A: new garbage disposal, dishwasher & stacked full size washer/dryer. Both units are currently rented.

Additional Information

List Date
2021-01-03 00:00:00
Community
Maple Leaf
Net Operating Income
$52,534
Gross Adjusted Income
$65,578
Gross Scheduled Income
$67,608
Total Monthly Income
$5,634
Insurance Expenses
$991
Water/Sewer/Garbage Expenses
$6,762
Gross Rent Multiplier
15
Total Expenses
$13,046
Cap Rate
5
Vacancy Rate
3
Total Number of Units
2
Unit Name
9603
Potential Terms
Cash Out, Conventional
Year Built
1946
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet
Electric Expenses
1432
Other Expenses
5293
Energy Source
Electric, Natural Gas
School District
Seattle
Total Monthly Income
$5,634
Gross Scheduled Income
$67,608
Vacancy Rate
3
Gross Adjusted Income
$65,578
Tax Year
2020
Insurance Expense
$991
W/S/G Expenses
$6,762
Total Expenses
$13,046
Net Operating Income
$52,534
Gross Rent Multiplier
15
Cap Rate
5
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